Motel St. Cloud w. 63 Rooms $2.3 Million

ASKING PRICE:  $2.3 Million

GROSS SALES:  2022 $895,885, 2023 $779,101, 2024 $555,680, 2025 $509,147

 P.I.D.:  170241400

TERMS:  Cash or terms acceptable to Seller       

TYPE OF BUSINESS: Inn / Motel

ROOMS: 63

YEAR BUILT: 1969

Building Size:  32,111 Square Feet                  

Lot Size:  53143 Square Feet                             

PARKING:  Ample                                       

YEARS ESTABLISHED: Current owner since 2016

REASON FOR SELLING: Other interests 

ADDITIONAL COMMENTS:  Nice property on Highway 23 / Highway 10. New roof in 2021, recently painted inside / outside 2022. New WIFI system. Well maintained. Sales were down as bridge was closed for 2 years. Now  bridge is open and traffic is getting better.

This is a Confidential Listing.  Do not discuss this property with employees or owner.  For more information or an appointment call:  D.J. SIKKA Cell (612) 701-6296

NOTICE:  Information provided by Seller.  Neither Restaurant Brokers of MN nor its Agents Guaranty its Accuracy or Comprehensiveness.

NOTE: Pictures, photos and images used on this webpage are not exact representations of this property! They have been chosen for content and color rather than as exact images of this property.

RBOMN

Restaurant Brokers of Minnesota, Inc.

Brokerage | Project Management | Property Management

Restaurant Brokers of Minnesota, Inc.

6010 Hwy. 7 | St. Louis Park | MN 55416

(952) 929-9273 T | (952) 922-1514 F

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